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Pakistan, US explore deeper economic cooperation in Islamabad talks

Pakistan and the United States on Tuesday discussed strengthening economic cooperation, expanding trade ties, and boosting investment flows during a high-level meeting at the Finance Division in Islamabad.

Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb met with Assistant Secretary of the U.S. Bureau of South and Central Asian Affairs S. Paul Kapur, who was accompanied by U.S. Chargé d’Affaires Natalie A. Baker.

The meeting focused on Pakistan–US economic relations, investment opportunities, and Pakistan’s ongoing reform agenda aimed at stabilising the macroeconomic environment and improving the business climate.

Welcoming the delegation, Aurangzeb underscored the government’s commitment to building a transparent, predictable, and investor-friendly economic framework. He highlighted ongoing efforts to strengthen fiscal sustainability, broaden the tax base, accelerate digitalisation, and promote financial inclusion.

The minister also pointed to recent positive economic indicators, including improved remittance inflows, external financing trends, and renewed access to international capital markets. He said Pakistan was prioritising long-term investment in sectors such as energy, mining, infrastructure, technology, and digital finance.

US Assistant Secretary S. Paul Kapur acknowledged Pakistan’s reform efforts and emphasised the need for a stable and predictable business environment to encourage foreign investment. He expressed interest in expanding commercial engagement and noted growing attention from American companies toward investment opportunities in Pakistan.

Chargé d’Affaires Natalie A. Baker also appreciated Islamabad’s continued engagement with US businesses, saying American firms were increasingly exploring opportunities across multiple sectors in the country.

Both sides discussed avenues for deeper public and private sector collaboration, with emphasis on improving conditions for trade and investment. The US side reiterated its interest in expanding economic cooperation and supporting Pakistan’s reform trajectory.

The meeting concluded with a reaffirmation of commitment from both sides to strengthen bilateral economic ties and maintain sustained engagement on shared development and investment priorities.